Monday, March 16, 2009

Pebley-Delhamer-Austin Team Join Grubb & Ellis's Ontario, CA Office

ONTARIO, CA, Mar. 16, 2009 – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that the team of James Delhamer (left), Terri Lee Pebley (center) and Nancy Austin (right, top photo, ) has joined its Ontario office as vice presidents with the Investment Group.

The team’s focus will be investment properties in San Bernardino and Riverside counties.

Pebley, Delhamer and Austin come to Grubb & Ellis from GRE Land & Commercial Brokerage in Murietta where they were principals.

Together they have over 70 years of commercial real estate experience and have consummated transactions across a broad range of product types including office, industrial, retail, land, self storage, assisted living and other special use properties.

“Terri, James and Nancy are all seasoned investment professionals and as a team they offer our clients a unique combination of skills and expertise,” said Mano Leventakis, senior vice president and managing director of Grubb & Ellis’ Inland Empire operation. “They will play a key role in growing our investment business, particularly in the area of distressed properties.”

Pebley has over 25 years of experience representing buyers and sellers of investment properties throughout Riverside County. She holds a B.S. in accounting from San Diego State University and a J.D. from Thomas Jefferson School of Law and is a CPA and California Real Estate Broker.

Delhamer has more than 30 years of real estate sales and development experience, including 20 years as division president of Newland Communities, a nationwide devlopment company. He holds an MBA from San Diego University and is a CPA, California Real Estate Broker and General Engineering Contractor.

Austin has over 20 years of commercial real estate experience and has represented clients in the leasing and sale of office, land and investment properties in the Inland Empire and East Los Angeles. She holds a B.S.E. and M.S. from Arkansas University as well as the Certified Commercial Investment Member designation.

“As one of the nation’s largest commercial real estate services firms, Grubb & Ellis offers the support, resources and integrated platform we felt was necessary to better serve our clients in today’s difficult economic environment,” said Pebley. “We’re excited to be part of the Inland Empire team.”


Sharon Abar, 714.975.2185,
Damon Elder, 714.975.2659,

NAI Realvest names Patrick Mahoney Partner, President & COO

ORLANDO, FL - NAI Realvest, which currently ranks as one of the largest full service commercial real estate companies in Central Florida with more than 30 brokers and nearly four million square feet under management, has appointed Patrick Mahoney (top right photo) as a partner, president and chief operating officer.

George Livingston, (middle left photo) founder and chairman emeritus of NAI Realvest said Mahoney, a Furman University graduate with a Masters degree from the Crummer School of Business at Rollins College, has more than 15 years of business management experience.

From 1990 through 2007, Mahoney was president of Orlando-based Intercoastal Distributors, Inc., a ceramic tile and stone distribution company with branches throughout Florida.

Mahoney said as president and chief operating officer of NAI Realvest, he plans to continue to look for growth opportunities through this recession.

"We anticipate the recession will continue through 2009 before slowly recovering in 2010. However, there are plenty of opportunities and we are continually positioning ourselves to take full advantage of them," Mahoneysaid.

Mahoney said he hopes to add six to eight commercial brokers at NAI Realvest this year with a focus on bank work outs, tenant representation and corporate services.

He is also looking into potential acquisitions and/or mergers as a means for growing brokerage and property management.

Livingston said, "Patrick Mahoney is a highly analytical executive with wide ranging experience. We are confident he has the perspective and skills to position NAI Realvest to take advantage of the opportunities in the marketplace today as well as those that will emerge over the next 24 months and into the future."

For more information, contact:

Patrick Mahoney, President and COO NAI Realvest, 407-875-9989,
George Livingston, Founder and Chairman NAI Realvest, 407-875-9989,
Paul P. Partyka, Managing Partner, NAI Realvest, 407-875-9989,
Janice Paiano, Director of Marketing, NAI Realvest 407-875-9989,
Larry Vershel, Larry Vershel Communications, Inc. 407-644-4142,

Arbor Closes 2 Fannie Mae Loans totaling $9M

Isabella Apartments in Bellingham, WA Receives $6,460,900

UNIONDALE, NY, Mar. 16, 2009 - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $6,460,900 loan under the Fannie Mae DUS® product line to refinance the 96-unit complex, Isabella Apartments in Bellingham, WA.

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 4.50 percent.

The loan was originated by Jon Red, (middle right photo) Director, in Arbor’s full-service Spokane, WA lending office.

“The broker selected Arbor for this project as the borrower was looking for cash out with a low rate on a stabilized apartment complex he had built in 2006,” said Red.

“We were able to meet the borrower’s expectations in a very volatile interest rate environment with an attractive floating rate structure.”
Casa Villa Apartments in Forth Worth, TX Obtains $2.55M

In Fort Worth, TX, Arbor Commercial Funding closed a $2,550,000 loan under the Fannie Mae DUS® product line to refinance the 140-unit complex known as Casa Villa Apartments. (bottom right photo)

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.23 percent.

The loan was originated by Matt Norman, (middle left photo) Vice President, in Arbor’s full-service Dallas, TX lending office.

“Arbor’s ability to work with all parties involved resulted in a key acquisition for our California-based borrower,” said Norman.

Contact: Ingrid Principe, P: 516.506.4298. F: 516.542.2555.

Tilt-Con Starts $11.5M Medical Examiner's Office in Orlando, FL

ORLANDO, FL – Altamonte Springs-based Tilt-Con Corporation, the nation’s largest tilt-up concrete constructor and leader in green construction, along with construction manager Wharton-Smith, Inc., Sanford, FL, is under way on the new state-of-the-art, $11.5 million, 38,815-square-foot LEED®-certified Florida District 9 Medical Examiners Office at 2350 East Michigan Street in Orlando, FL.

Designed by MRI Architectural Group, Orlando, the facility will serve both Orange and Osceola Counties, and is the home of celebrated Chief Medical Examiner Dr. Jan Garavaglia, (top left photo) star of Discovery Health Channel’s “Dr. G: Medical Examiner.”

In addition to the Florida District 9 Medical Examiners Office in Orlando, Tilt-Con’s other recent healthcare projects include the $135 million, 142-bed Homestead Hospital as well as the Axcess Medical Center in Sarasota, and the Blue Cross Blue Shield facility in Miami.

Tilt-Con Corporation received the coveted national 2009 Robert Aiken Innovation Award for outstanding tilt-up innovation companywide from the Tilt-Up Concrete Association (TCA).

Contact: Kenneth H. Cristol, 407-774-2515

Grubb & Ellis Unveils New Brand Identity

SANTA ANA, CA,Mar. 16, 2009 – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today unveiled a new brand identity that represents the company’s stronger, more diversified platform of real estate services and investment programs.

“Grubb & Ellis has undergone tremendous change over the past year, as we’ve integrated and enhanced our service offerings, while continuing to expand our investment programs,” said Jack Van Berkel, (middle right photo) chief operating officer of Grubb & Ellis Company.

“Our clients and prospective clients are looking at us differently for a reason, and we believe our new brand signifies that we are in fact a new company.”

The new logo relies on the traditional Grubb & Ellis color palette of yellow, black and white, but replaces the circle, which has been the visual representation of the firm for decades, with an arching white bridge on a yellow background. The new tagline that accompanies the logo is “From Insight to Results.”

The bridge symbolizes how Grubb & Ellis connects the needs of clients with the various real estate services and investment programs the firm provides. The tagline emphasizes the depth and breadth of the company’s market knowledge and how it translates those insights into distinct strategies for each client.

“A bridge is known as a structure that provides passage to reach one’s destination,” said Ryan Rauch, director of marketing. Similarly, “Grubb & Ellis’ new logo represents our shared passion for providing tailored solutions that help our clients reach their unique real estate and investment goals.”

To reinforce the new brand, the company has also revamped its Web site,, making it easy for a client to find information on the investment programs and real estate services applicable to them, whether they are an individual investor, institutional investor, or a tenant or owner-occupier of real estate.

Contact: Janice McDill, Phone: 312.698.6707. Email: